The Central Govt. approved organization BAIF Development Research Foundation, Pune u/s 35(1)(ii) of the Income-tax Act, 1961

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..... hereby notified for general information that the organization BAIF Development Research Foundation, Pune has been approved by the Central Government for the purpose of clause ( ii ) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules. 1962 (said Rules), with effect from 1-4-2007 in the category of 'other institution' .....

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..... e case, by the due date of furnishing the return of income under sub-section (1) of section 139 of the said Act; ( iv ) The approved organization shall maintain a separate statement of donations received and amounts applied for scientific research and a copy of such statement duly certified by [he auditor shall accompany the report of audit referred to above. 2. The Central Government shall .....

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